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the economy if you raise tax rates on the top two rates. it will hurt small businesses, hurt our economy. >> so let's bring in the political panel on this topic for today. erin mcpike back with us and david goodfriend, democratic strategist and contributor. thank you for sticking around. let's bring in the element of tom cole, a republican of oklahoma. doesn't get more red than oklahoma. let's play what he said regarding support and passing the middle class tax cut. >> in my view, we all agree we won't raise taxes on people making less than $250,000. we should take them out of this discussion right now. >> what is the issue with that? >> well, what congressman cole has really shown is that there's an imminent amount of good logic and sense in preserving the current tax rates for 98% of americans for a lot of reasons. one of which is the gdp dependent on consumer spending. 0% of the economy is consumer spending. if you take $2,000 on average out of pockets of consumers, it's going to hurt the economy so right away you have a low tax good economic rational behind it but there are politics
for the economy and hurt jobs. our first team points out it seems like the parties are ready to agree to a large point for taxes on the wealthy. the down side is the two sides can not agree on how to raise the taxes on the wealthiest lois. >> i think you've hit the nail on the head. first of all, i don't think they care about throwing groesher norquist under the bus. i don't think the pledge is great de. they can't be on the side of raising taxes for the wealthy. the obama cam paper and now the obama white house has framed this in such a way that all these politicians who had been dug in before are saying, hmm. you know, we've got to do something here because how can you come out and say, no, no, no, let's not tax the rich. the question is as you say how do they get there, and think what they're going to try to do is come up with a lot of different caveats to have people save face so that some of these people from the very red states they say, well, okay, we're going to protect small businesses, we'll take them out of it. we're going to protect this person and that person. so as long as anybody
the exiclusive focus. they want to make sure the economy and global aspects of the relations aren't lost. let me bring in chief washington correspondent, john harwood. a 15-minute meeting does that equate to a photo op perhaps? >> sure, it's a photo op. obviously, relation with mexico are extremely he important. the united states is the largest trading partner of mexico. we've seen that immigrants from mexico played a critical role in american elections, and it's a good time to broaden that dialogue to economic issues. you know, the issues of immigration have faded somewhat because the rate of immigration has slowed because our economy has slowed. the drug violence and down somewhat, so it's an aus pishs time for the mexican president-elect and for president obama. he's juggling the fiscal cliff but you have to walk and chew gum at the same time at the white house. >> you have to walk and chew gum where lives are lost almost every day with this drug war that is ongoing in mexico and spilling into as we know parts of texas and other border states. >> exactly. the question is, how do you broaden o
. but it's put a real strangle hold on the economy of gaza and something people who live there want to be released. the concern from the israeli side is what's going in and what's going out and are they preventing arms going in and it's -- it's a complicated issue. as i say, they did agree to easing some of it but we don't know what that looks like in the next 24 hours. >> time will tell. stephanie, thank you. stay safe. jim frederick is joining me, international editor of "time" magazi magazine. here we are in to the cease-fire territory. talking 24 hours ago -- >> yeah. >> thinking it was going to happen at that point. but egypt is basically the tent pole in supporting this and sponsoring and overseeing the implementation of this. how much stability is this going to provide to the ongoing talks of trying to have a durable out come? >> i think this is a great first step. the cessation of attacks and if if cease-fire holds, what kind of lasting peace can be built here? because there have been cease-fires in the past and you have this israeli governmental and military phrase of every
Search Results 0 to 3 of about 4